Bitcoin\u2019s price troubles seem to have no end currently, as the asset just posted yet another leg down that drove it to a monthly low of just over $74,000.<\/p>\n
This comes as popular analyst CW claimed that retail investors have been disposing of their assets, while whales have set up buy orders that can absorb the pressure.<\/p>\n
After losing $8,000 in just over a week, many analysts have turned the page on their price analysis. Jelle, for example, warned<\/a> that BTC has dropped below both the 100D and 50D Moving Averages as the local market structure is \u201cback to bearish.\u201d<\/p>\n Previously, the analyst cautioned<\/a> that a price drop beneath both these crucial levels could open the door for a more profound correction as \u201cthere\u2019s a lot of untapped liquidity ripe for the taking below.\u201d<\/p>\n Fellow analyst CW tried to bring some positivity to the table, arguing that bitcoin whales have stepped up by attempting to absorb the selling volume through buy orders at current price levels. After they removed their sell orders at higher prices, they are \u201cabsorbing selling volume from retail investors,\u201d CW added<\/a>.<\/p>\n CryptoPotato<\/em> listed<\/a> five reasons earlier today behind BTC\u2019s crash, which at the time was stopped at $75,000. Some of them include selling from major investors, but perhaps the most valid one is the growing uncertainty and tension between the US and Iran. The most recent reports on the war front indicate that the ceasefire might be coming to an end soon, which has historically led to immediate price declines from risk-on assets like BTC.<\/p>\n Another popular analyst, Daan Crypto Trades, outlined bitcoin\u2019s potential path to recovery if it\u2019s to rebound soon. The key level that has to be reclaimed remains the low $80,000 region with the \u201chorizontal and Daily 200MA\/EMA sitting right around\u201d it.<\/p>\n He explained that the bulls need to \u201cturn this into a higher low and proceed to break that resistance.\u201d However, he warned that a failure to do so soon will become just another \u201clower high in what has been a bigger down trend ever since the October 2025 all-time high.\u201d<\/p>\n $BTC<\/a> It is still pretty straight forward from here looking at the chart.<\/p>\n Bitcoin needs to clear that low $80Ks region with the horizontal and Daily 200MA\/EMA sitting right around the same region.<\/p>\n This is the first \u201cbigger sell off\u201d this leg up after the April move higher.\u2026 pic.twitter.com\/01yL1CqatF<\/a><\/p>\n \u2014 Daan Crypto Trades (@DaanCrypto) May 22, 2026<\/a><\/p>\n<\/blockquote>\n Prispevek Bitcoin Slumps Again to $74K as Bearish Market Structure Intensifies<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Bitcoin\u2019s price troubles seem to have no end currently, as the asset just posted yet another leg down that drove it to a monthly low of just over $74,000. This comes as popular analyst CW claimed that retail investors have been disposing of their assets, while whales have set up buy orders that can absorb […]<\/p>\n","protected":false},"author":1,"featured_media":44539,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-44537","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"\nWhat BTC Needs to Do<\/h2>\n
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